Property Overview
This well-situated one-storey home on a large, 5,957 sqft lot in Winnipeg's Booth neighbourhood presents a solid opportunity for a specific type of buyer. Built in 1967, its key appeal lies in its balance of space, recent updates, and location within a mature community. The home features 1,350 sqft of living space and a renovated basement, adding valuable functional area. A detached garage provides additional storage or workshop potential.
Its primary strengths are its generous lot size—ranking in the top 10% on its street—and the updated basement. The property suits practical buyers looking for a move-in-ready foundation with room to grow outdoors, such as first-time homeowners, small families, or downsizers seeking single-level living without a tiny yard. A less obvious appeal is its relative "newness" compared to its immediate street; being built in 1967 makes it one of the more modern homes in the area, potentially meaning fewer issues common to much older constructions. The recent renovation of the basement suggests the major interior work is already done, allowing the next owner to focus on cosmetic updates or enjoying the space as-is.
Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement has been renovated, but specifics on finish quality, room layout, and whether it includes a bathroom or legal suite are not provided. This would be a key point to clarify with the seller or agent.
2. How does the assessed value compare to the likely asking price?
The home is assessed at $36,700. It last sold in 2019 for $32,000 and in 2017 for $33,500. This indicates the assessed value has risen, but the actual market price will be determined by current conditions, the quality of renovations, and buyer demand.
3. Is the lot size a major advantage?
Yes. At nearly 6,000 sqft, the lot is significantly larger than many in Winnipeg (ranking in the top 34% city-wide). This offers excellent outdoor space for gardening, play, or expansion, and is a standout feature on its street.
4. What is the neighbourhood like?
Booth is a mature, established neighbourhood. The rankings show this property is in the top quarter of the area for lot size, suggesting it's among the more spacious homes in the community, which often appeals to those seeking a quiet, settled environment.
5. Why did it sell for relatively low prices in 2017 and 2019?
The past sale prices were below the current assessment. This could reflect a previously unrenovated condition, a different market climate, or the specific circumstances of those sales. The completed basement renovation since the last sale likely adds substantial value.